Imperial Capital downgrades Great Lakes Dredge & Dock Corporation (GLDD) rating to an In-line

Great Lakes Dredge & Dock Corporation’s filing revealed that its Director Steger Ronald acquired Company’s shares for reported $57927.0 on Jun 03 ’25. In the deal valued at $11.59 per share,5,000 shares were bought.

Then, BEYKO ELENI sold 22,579 shares, generating $231,600 in total proceeds. Upon selling the shares at $10.26, the SVP – Offshore Energy now owns 50,138 shares.

Before that, BEYKO ELENI bought 22,579 shares. Great Lakes Dredge & Dock Corporation shares valued at $232,683 were divested by the Officer at a price of $10.31 per share.

Imperial Capital downgraded its Great Lakes Dredge & Dock Corporation [GLDD] rating to an In-line from a an Outperform in a research note published on August 08, 2016; the price target was decreased to $4 from $5.50. A number of analysts have revised their coverage, including DA Davidson’s analysts, who remained covering the stock and in early August has reiterated a ‘”a Neutral”‘ rating for it. Imperial Capital also remained covering GLDD and reiterated its “an Outperform” recommendation on February 24, 2016. Imperial Capital maintained its rating on November 04, 2015. It rated GLDD as “an Outperform”.

Price Performance Review of GLDD

On Tuesday, Great Lakes Dredge & Dock Corporation [NASDAQ:GLDD] saw its stock jump 2.47% to $11.62. Over the last five days, the stock has gained 3.15%. Great Lakes Dredge & Dock Corporation shares have risen nearly 2.92% since the year began. Nevertheless, the stocks have risen 26.72% over the past one year. While a 52-week high of $12.89 was reached on 01/21/25, a 52-week low of $7.51 was recorded on 04/07/25. SMA at 50 days reached $9.73, while 200 days put it at $10.54.

Levels Of Support And Resistance For GLDD Stock

The 24-hour chart illustrates a support level at 11.36, which if violated will result in even more drops to 11.10. On the upside, there is a resistance level at 11.79. A further resistance level may holdings at 11.96. The Relative Strength Index (RSI) on the 14-day chart is 68.86, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.23, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 6.67%. Stochastics %K at 79.37% indicates the stock is a holding.

How much short interest is there in Great Lakes Dredge & Dock Corporation?

A steep rise in short interest was recorded in Great Lakes Dredge & Dock Corporation stocks on 2025-05-15, dropping by 20826.0 shares to a total of 0.9 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-15 was 0.92 million shares. There was a decline of -2.31%, which implies that there is a negative sentiment for the stock.

The most recent change occurred on August 09, 2013 when Imperial Capital resumed its ‘”an Outperform”‘ rating for the stock and retained the price target to $10.

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